P/E ratio for Weis Markets (WMK)
P/E ratio as of April 2024 (TTM): 14.3
According to Weis Markets 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3387. At the end of 2022 the company had a P/E ratio of 17.7.
P/E ratio history for Weis Markets from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.7 | 8.29% |
| 2021 | 16.3 | 50.42% |
| 2020 | 10.8 | -32.53% |
| 2019 | 16.1 | -21.65% |
| 2018 | 20.5 | 81.33% |
| 2017 | 11.3 | -45.01% |
| 2016 | 20.6 | 3.06% |
| 2015 | 20.0 | -14.87% |
| 2014 | 23.4 | 21.31% |
| 2013 | 19.3 | 50.96% |
| 2012 | 12.8 | -9.94% |
| 2011 | 14.2 | -10.48% |
| 2010 | 15.9 | 1.31% |
| 2009 | 15.7 | -18.45% |
| 2008 | 19.2 | -9.06% |
| 2007 | 21.1 | 9.06% |
| 2006 | 19.4 | 5.8% |
| 2005 | 18.3 | 0.19% |
| 2004 | 18.3 | 1.22% |
| 2003 | 18.1 | 26.21% |
| 2002 | 14.3 | -21.19% |
| 2001 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kroger KR | 24.8 | 73.01% | 🇺🇸 USA |
 Village Super Market VLGEA | 7.12 | -50.32% | 🇺🇸 USA |
 SpartanNash
SPTN | 16.2 | 12.64% | 🇺🇸 USA |
 Ingles Markets IMKTA | 5.97 | -58.37% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.